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Sampath to raise Rs.7bn via debentures

5 October 2015 03:48 am - 0     - {{hitsCtrl.values.hits}}

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The board of directors of Sampath Bank has decided to raise Rs.7 billion through a debenture issue.

The banking company informed the Colombo Stock Exchange that it had resolved to issue 50 million debentures with an option to issue up a further 20 million debentures in the event of an oversubscription of the first tranche. The debentures will have a par value of Rs.100. The bank said the debt issue was subject to regulatory approvals.  Sampath hopes to list the said debentures on the Colombo Stock Exchange.
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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

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